Admiral Group (LON:ADM) Rating Lowered to Sell at The Goldman Sachs Group

Admiral Group (LON:ADM) was downgraded by stock analysts at The Goldman Sachs Group to a “sell” rating in a report released on Wednesday,Digital Look reports. They presently have a GBX 2,902 price objective on the stock, down from their previous price objective of GBX 3,954. The Goldman Sachs Group’s target price suggests a potential downside of 1.70% from the company’s current price.

Separately, UBS Group lowered shares of Admiral Group to a “neutral” rating and decreased their price target for the stock from GBX 3,950 to GBX 3,350 in a research note on Wednesday, December 17th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Admiral Group currently has an average rating of “Hold” and an average price target of GBX 2,858.86.

Admiral Group Stock Performance

ADM traded down GBX 123.76 during trading on Wednesday, hitting GBX 2,952.24. 121,096,203 shares of the company traded hands, compared to its average volume of 9,240,523. Admiral Group has a one year low of GBX 2,627 and a one year high of GBX 3,686. The stock’s fifty day moving average is GBX 3,122.86 and its 200 day moving average is GBX 3,276.78. The company has a quick ratio of 0.42, a current ratio of 7.57 and a debt-to-equity ratio of 115.01. The firm has a market cap of £8.82 billion, a P/E ratio of 10.93, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18.

Admiral Group Company Profile

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales’ only FTSE 100 Company. As the leading personal motor insurance provider in the UK, Admiral continues to focus on technology and agility, diversifying the businesses, and progressing with the evolution of motor.